Silicon Power Computermmunication (ROCO:4973) Return-on-Tangible-Equity: 28.24% (As of Dec. 2025) — 412% Above Median

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ROCO:4973 Silicon Power Computer & Communication Inc ROCO:4973
46 GF Score
Price NT$141.00
GF Value NT$30.58
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Silicon Power Computermmunication Return-on-Tangible-Equity?

Silicon Power Computermmunication ROCO:4973 -6.62% 46 Return-on-Tangible-Equity is 28.24% as of Dec. 2025, which is 412% above its 10-year median of 5.52. GuruFocus rates ROCO:4973 with a GF Score™ of 46/100 and a GF Value™ of NT$30.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,383 Hardware companies, Silicon Power Computermmunication ranks better than 54.6% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Silicon Power Computermmunication's annualized net income for the quarter that ended in Dec. 2025 was NT$581 Mil. Silicon Power Computermmunication's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,058 Mil. Therefore, Silicon Power Computermmunication's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 28.24%.

The historical rank and industry rank for Silicon Power Computermmunication's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:4973' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.07   Med: 5.52   Max: 9.29
Current: 6.6

During the past 13 years, Silicon Power Computermmunication's highest Return-on-Tangible-Equity was 9.29%. The lowest was 1.07%. And the median was 5.52%.

ROCO:4973's Return-on-Tangible-Equity is ranked better than
54.6% of 2383 companies
in the Hardware industry
Industry Median: 5.34 vs ROCO:4973: 6.60

Silicon Power Computermmunication  (ROCO:4973) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Silicon Power Computermmunication Return-on-Tangible-Equity Related Terms


Silicon Power Computermmunication Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Silicon Power Computermmunication's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Silicon Power Computermmunication Return-on-Tangible-Equity Chart

Silicon Power Computermmunication Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 8.75 9.29 5.10 6.40

Silicon Power Computermmunication Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.34 -0.36 -8.35 6.43 28.24

ROCO:4973 vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison

For the Computer Hardware subindustry, Silicon Power Computermmunication's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Silicon Power Computermmunication Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Silicon Power Computermmunication's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Silicon Power Computermmunication's Return-on-Tangible-Equity falls into.


ROCO:4973
46GF Score
Silicon Power Computer & Communication Inc ROCO:4973
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Silicon Power Computermmunication Return-on-Tangible-Equity Calculation

Silicon Power Computermmunication's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=134.361/( (2118.888+2081.707 )/ 2 )
=134.361/2100.2975
=6.40 %

Silicon Power Computermmunication's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=581.304/( (2034.491+2081.707)/ 2 )
=581.304/2058.099
=28.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 28.24% mean?
Silicon Power Computermmunication (ROCO:4973) has a Return-on-Tangible-Equity of 28.24% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Silicon Power Computermmunication and its competitors. This is 412% above median its historical median of 5.52. Over the past decade, Silicon Power Computermmunication's Return-on-Tangible-Equity has ranged from 1.07 to 9.29. According to the industry distribution chart, Silicon Power Computermmunication ranks #1082 out of 2383 companies in the Hardware industry, placing it in the top 45.4%.
Is Silicon Power Computermmunication's Return-on-Tangible-Equity too high?
Silicon Power Computermmunication's current Return-on-Tangible-Equity of 28.24% is 412% above median its 10-year median of 5.52. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 9.29. The Hardware industry median Return-on-Tangible-Equity is 5.34. Silicon Power Computermmunication's value of 28.24% is 428.8% above this industry median. Based on the distribution chart, Silicon Power Computermmunication ranks #1082 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, Silicon Power Computermmunication has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Silicon Power Computermmunication's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Silicon Power Computermmunication ranks #1082 out of 2383 companies for Return-on-Tangible-Equity. This puts Silicon Power Computermmunication in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.34. Silicon Power Computermmunication's value of 28.24% is 428.8% above this benchmark. Historically, Silicon Power Computermmunication's own Return-on-Tangible-Equity has ranged from 1.07 to 9.29 over the past decade. While the company's 10-year median is 5.52 vs. the industry median of 5.34, Silicon Power Computermmunication has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.34, based on 2,383 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Silicon Power Computermmunication's current Return-on-Tangible-Equity of 28.24% is 428.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Silicon Power Computermmunication and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silicon Power Computermmunication's current Return-on-Tangible-Equity is 28.24%, which is 412% above median its own 10-year median of 5.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silicon Power Computermmunication stock overvalued right now?
Based on GuruFocus' analysis, Silicon Power Computermmunication (ROCO:4973) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$30.58, compared to a current price of NT$141.00 — trading 361.1% above its estimated fair value. The current Return-on-Tangible-Equity is 28.24%, which is 412% above median its 10-year median of 5.52 and 428.8% above the Hardware industry median of 5.34. Silicon Power Computermmunication's overall GF Score™ is 46/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Silicon Power Computermmunication (ROCO:4973), the current Return-on-Tangible-Equity is 28.24% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Silicon Power Computermmunication (ROCO:4973) Overvalued in 2026?

Based on GuruFocus' analysis, Silicon Power Computermmunication stock appears to be overvalued. The current stock price of NT$141.00 is trading 361.1% above its estimated GF Value™ of NT$30.58. GuruFocus considers Silicon Power Computermmunication to be Significantly Overvalued.

Key valuation signals for ROCO:4973:

  • Return-on-Tangible-Equity: 28.24% (412% above median its 10-year median of 5.52)
  • GF Value™: NT$30.58 vs. price of NT$141.00 (361.1% above fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 428.8% above the Hardware median (#1082 of 2383)

No single metric tells the full story. See the ROCO:4973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Silicon Power Computermmunication Business Description

Address No.106, Zhouzi Street, 7th Floor, Neihu District, Taipei, TWN, 114
Silicon Power Computer & Communication Inc is mainly engaged in the manufacturing and trading of data storage, processing equipment, and electronic components. Its products include Solid State Drives (SSDs), Memory, Memory Cards, USB Flash Drives, Hard Drives (HDDs), Power Banks, Memory Modules, Industrial Memory Products, and Accessories. The Company operates in America, Asia, Europe, Taiwan, Oceania, and other regions, with America generating the maximum revenue.
46GF Score

Get the complete analysis for ROCO:4973

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$141.00
Price
NT$30.58
GF Value